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Jun 21, 2013
06/13
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plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
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Jun 19, 2013
06/13
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economy. the nikkei added 2%. american investors are optimistic about the fed. the dow was up 138 yesterday. nasdaq up 30. investors in general are waiting to hear fed chairman ben bernanke's newest economic forecast. he will hold a news conference about noon today following the conclusion of the fed's two-day meeting. investors are looking for the fed to keep interest rates near historic lows to stimulate the economy. >>> starbucks isn't keeping any secrets about how much calories are in their drinks. starting next week nationwide every starbucks will post its calorie counts on its menu boards. we already see the numbers here in california because of state law. just in case were you wondering, a small caramel frappucino has 300 calories and a blueberry scone, do you like those? >> sure. >> 460 calories. >> not anymore. >> there you go. >>> talk about a power protein menu, this one will offer burritos and boles with more than 20 grams of protein while containing less than 450 calories. the change comes after it said it would offer more balanced options in april
economy. the nikkei added 2%. american investors are optimistic about the fed. the dow was up 138 yesterday. nasdaq up 30. investors in general are waiting to hear fed chairman ben bernanke's newest economic forecast. he will hold a news conference about noon today following the conclusion of the fed's two-day meeting. investors are looking for the fed to keep interest rates near historic lows to stimulate the economy. >>> starbucks isn't keeping any secrets about how much calories are...
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Jun 21, 2013
06/13
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ben bernanke says he expects unemployment to fall and the economy to grow through the next year. so while the markets might experience short-term volatility, experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for when you have this kind of volatility. this is a dream for us. that's why you're in the business. >> reporter: this is when you make your money? >> exactly. >> reporter: the dow is still up about 12% since the beginning of the year, so many investors are looking at the developoff as an opportunity to buy stocks at -- are looking at this sell-off as an opportunity to buy stocks at a discount. ashley morrison kpix 5. >>> facebook has revealed a new feature for instagram, its photo sharing app. instagram video allows users to share videos up to 15 seconds in length. it competes with twitter's vine app which also allows users to share video clips. and yahoo now officially owns the online blogging forum tumblr. the internet giant completed its $1.1 billion acquisition of the company. they hope tumblr will bring in more advertisi
ben bernanke says he expects unemployment to fall and the economy to grow through the next year. so while the markets might experience short-term volatility, experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for when you have this kind of volatility. this is a dream for us. that's why you're in the business. >> reporter: this is when you make your money? >> exactly. >> reporter: the dow is still up about 12% since the...
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Jun 21, 2013
06/13
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investors are worried whether the economy can continue its recovery without help from the federal reserve. on wednesday fed chief ben bernanke hinted that the central bank will begin to scale back its stimulus program this year ending a long stretch of extremely low interest rates. those fears coupled with more data pointing to weakness in china sent stocks plunging. the dow was down 353 points the biggest drop in two years. the nasdaq was down 78. >>> the housing market continues to gain ground. sales of previously owned hopes are at the highest level in four years. the average home price is now going for $208,000. >>> and the popular photo sharing app instagram is adding video. the company owned by facebook will let users record 15 second clips and adjust the colors and contrast. facebook is trying to compete with twitter's video share app called vine. i love how you can change the color and contrast and make any pick look great? >> i know. i can make myself look ten pounds lighter. >> reporter: we all love it. >> let's talk yahoo now. apparently they have a new acquisition. >> reporter
investors are worried whether the economy can continue its recovery without help from the federal reserve. on wednesday fed chief ben bernanke hinted that the central bank will begin to scale back its stimulus program this year ending a long stretch of extremely low interest rates. those fears coupled with more data pointing to weakness in china sent stocks plunging. the dow was down 353 points the biggest drop in two years. the nasdaq was down 78. >>> the housing market continues to...
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Jun 20, 2013
06/13
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that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008 and 2012. >>> a major donut chain is about to roll out gluten-free products. dunkin' donuts says it plans to offer them in cinnamon sugar and blueberry muffins by the end of the year. about 1% of americans have celiac disease. even small amounts of gluten can prompt severe discomfort so now they can have donuts. >>> key players are saying little about the firing of men's warehouse founder and pitchman george zimmer. >> you'll like the way you look, i guarantee it. >> we have seen those ads for years. the corporate chain with offices in fremont made a statement yesterday. they haven't said why they fired the e
that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008...
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Jun 18, 2013
06/13
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tomorrow the fed chief will talk about the economy. the markets have been in upheaval for the past 3.5 weeks after ben bernanke told congress the fed might soon scale back its efforts to keep interest rates low. >>> well, if you have money on your mind, your morals might slip. that's what researchers at harvard and the university of utah found. they got people to think subconsciously about cash by showing them pictures of money and they say those people were more likely to act in unethical ways like stealing from work or trying to get insider information. >> money makes people greedy. guess that's what happens when people win the lottery. they say it's the worst thing that can happen. >> they usually blow right through it very quickly. >>> time now 4:50. coming up a stinky situation at o.co. how a sewage problem could push the as out of oakland. >> plus, having a bad hair day? the unlikely culprit in your bathroom. >> and pint-sized protectio . the ebay auction that's now gone viral. ,, at farmers we make you smarter about insurance, b
tomorrow the fed chief will talk about the economy. the markets have been in upheaval for the past 3.5 weeks after ben bernanke told congress the fed might soon scale back its efforts to keep interest rates low. >>> well, if you have money on your mind, your morals might slip. that's what researchers at harvard and the university of utah found. they got people to think subconsciously about cash by showing them pictures of money and they say those people were more likely to act in...
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Jun 19, 2013
06/13
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not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. surveillance programs saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day it was june 26th, 1963, when president kennedy delivered his anticommunism speech with the well known phrase, "ich bin ein berliner." >>> house republicans want to make it a federal crime to be in the u.s. illegally. a republican-based house economic voted yesterday to pass a bill boosting criminal penalties against anyone who is not a citizen. republicans say the bill is necessary to uphold enforcement of the law. democrats say it's too dangerous and are especially disappointed as the senate plans to work on an immigration bill to provide citizenship for millions of people. >>> developing news on a wildfire along the road at yosemite national park. hundreds of evacuees are home but the carstens fire is still off carstens road and east of 140. the fire is 40% contained. it started sunday from a campfi
not only do we have to grow, but we also have to reform our economies structurally. >> the president also took time to defend u.s. surveillance programs saying they have averted at least 50 threats and saved lives in the process. mr. obama's berlin visit comes almost 50 years to the day it was june 26th, 1963, when president kennedy delivered his anticommunism speech with the well known phrase, "ich bin ein berliner." >>> house republicans want to make it a federal...
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Jun 20, 2013
06/13
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that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time weekly unemployment claims rose to 354,000 within the range of job growth. if the economy is stumbling along, that is going to force the fed to continue its current quantitative easing plan. it's a perverse way of looking at things. it's a rough start today. dow down 134. nasdaq down 31. s&p lower by 14. michelle and brian, back to you. >> thank you, jason brooks. >>> the key players are still say very little bit ousting of men's warehouse founder and pitchman george zimmer. >> you're going to like the way you look, i guarantee it. >> the clothing chain which has corpo
that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time...
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Jun 18, 2013
06/13
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although the focus was supposed to be the world economy, the crisis in syria stole the spotlight. the u.s. plans to army rebels in syria while russia supports the present government. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table in geneva. we agree to push the parties to the negotiations table. >> other topics up for discussion include deterring kidnappings of foreign workers in africa and cornering globe trotting corporations into paying more taxes. >>> a scary ride for passengers on a united flight from hong kong to newark, new jersey. they were more than halfway into the 15-hour flight when a man started ranting about national security, the cia and international spying. he also claimed he and everyone else on the plane were poisoned. the crew and other passengers decided to subdue him. >> a few of us jumped on him, put him on the ground with the help of a few passengers and flight attendants. we were able to handcuff him. >> the fbi met the flight in newark and took the man away in hand
although the focus was supposed to be the world economy, the crisis in syria stole the spotlight. the u.s. plans to army rebels in syria while russia supports the present government. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table in geneva. we agree to push the parties to the negotiations table. >> other topics up for discussion include deterring kidnappings of foreign workers in africa...
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Jun 17, 2013
06/13
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he will make a statement about the economy on wednesday. last month he said the fed may start slowing down its stimulus program sending the market scrambling on friday. the dow was down 106 while the nasdaq slipped almost 22. >>> and gm is recalling an additional 200,000 midsized suvs. in august, they recalled almost 250,000 but it was limited to those sold in the 20 snow belt states. this time the recall is nationwide and for the same problems. the power door and window module in the driver's door can catch fire even when not being used. the recall is fourth 2006 and 2007 chevy trailblazer, gmc envoy, buick rainier, saab 97x, isuzu ascender, the 2006 chevy trailblazer ext and the gmc envoy xl. so if you have any of those cars, you want to get to the dealership and get that fixed. >> back here on the silicon valley a lot of eyes on the apple ebook trial. closing arguments scheduled this week. >> reporter: that's right. and the justice department claims that apple conspired with publishers to fix the price of ebooks but unlike the five publi
he will make a statement about the economy on wednesday. last month he said the fed may start slowing down its stimulus program sending the market scrambling on friday. the dow was down 106 while the nasdaq slipped almost 22. >>> and gm is recalling an additional 200,000 midsized suvs. in august, they recalled almost 250,000 but it was limited to those sold in the 20 snow belt states. this time the recall is nationwide and for the same problems. the power door and window module in the...
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Jun 19, 2013
06/13
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and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in the 60s. next couple of days, here comes summer! and we are going to warm things up through saturday. cool it back down on sunday. >>> we'll get a final check of the bay bridge toll plaza where it is a busy morning stacked up into the maze but probably your slowest drive time is the westbound 580 ride through livermore. >> all right. remember, we'll give you another update on that bridge collapse in mesa, arizona. you can also keep updated on our website, kpix.com. thanks for watching kpix 5 news this morning. remember, your next local update is 7:25. >> "cbs this morning" is coming
and germany have to work together to help improve the world economy. they are all on the president's agenda today. >>> let's get one last check on the weather on our last day of spring, right? >> that's right. >> last full day of spring. a little breezy outside right now. mostly sunny over san francisco. temperatures generally in the 50s. by the afternoon, maybe slightly warmer. 70s in the valleys. you will see 60s and 70s around the bay, blustery at the coastline, highs in...
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Jun 18, 2013
06/13
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although the focus was supposed to be the world economy, the crisis in syria has stolen the spotlight. the u.s. plans to arm anti- government rebels in syria while russia supports the regime of syrian president bashar assad. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table by bringing the parties to the negotiations table. >> other topics up for discussion including deterring kidnapping of foreign workers in africa and cornering globe trotting corporations into paying more taxes. >>> in afghanistan three people are dead after a car bomb went off today in kabul. authorities say the intended target was a prominent lawmaker who was not among the casualties. the attack came at about the same time of a major milestone in the 12-year war in afghanistan. president karzai announced today afghan forces have taken over the lead for security nationwide. it had been headed up by the u.s.-led nato coalition. >>> the trial of joe naso is now under way in marin county court. jurors wiped away tears as they were
although the focus was supposed to be the world economy, the crisis in syria has stolen the spotlight. the u.s. plans to arm anti- government rebels in syria while russia supports the regime of syrian president bashar assad. >> we want to try to resolve the issue through political means if possible. >> including by bringing the parties to the negotiations table by bringing the parties to the negotiations table. >> other topics up for discussion including deterring kidnapping...